Investor Presentaiton

- Cover Pool currency and mortgage type split Increasing share of residential mortgages in cover pool bn PLN 11 10 9 CRE/REE by the type of property 8 66% 63% 7 57% 55% 56% 6 55% Residential mortgages 44% 49% 40% 5 34% 4- 22% 3 95% 2- 78% 66% 51% 60% 56% 45% 45% 44% 43%. 37% Commercial Real Estate 1- 34% 0 12/14 06/15 12/15 06/16 12/16 06/17 12/17 06/18 12/18 06/19 12/19 06/20 m Since 2014 the currency structure of the loan portfolio in mortgage cover pool was subject to changes resulting from a systematic growth of the portfolio of retail loans granted only in PLN. mBH strategy for the following years is to be EUR issuer covered by significant increase of residential PLN denominated mortgages. Historically mBH never granted loans denominated in CHF. Hence, there is no CHF-denominated loans in cover pool. 6% Other 3% 3% Hotel/Tourism 2% 10% Property developers Warehouse/Logistic Centre Retail 36% Office 41% Shopping malls Commercial real estate Share of EUR, USD and PLN-denominated loans in cover pool 11 bn PLN 롬 10 9 8 7 73% 68% 71% 65 65% 67% PLN 66% 57%62% 56% 4 53% 44% 3 31% 2 1 67% 4% 45% 43% 42%38% 33% 34% 33% 32% 28%26% EUR USD 0 12/14 06/15 12/15 06/16 12/16 06/17 12/17 06/18 12/18 06/19 12/19 06/20 mGroup Covered bonds Cover Pool Polish Economy Real Estate Market Legislation 34

View entire presentation